And on top that, our advanced support system and experts will make your application quick and easy to get your approved car loan first.

Send us your query to get a quick quote on car loan deals.

*comparison rate is 5.89% p.a. All the rates are subject to change as per lender’s policy.

Get a quick quote

WHY CHOOSE FINMORTG BROKERS FOR CAR LOANS

The secret of getting a good deal is research, compare and negotiate. And here our car loans experts can help!

Quick Processing Time

Our advanced system and expert team makes your application quick and get approval in 24 hours.

Accreditation With Top Lenders

Have access to the major lenders including banks in Australia to help find the suitable car loans that suit your needs.

We Work For You

We have power to negotiate loans terms with the lenders on your behalf to get the suitable offer. Therefore, you can save your hard-earned money.

Expert Advice

Expert and experienced in finding and negotiating the suitable deal on car loans. We are here to work hard and serve your best interest.

No Obligation Advice

Happy to guide for your car financing needs. Talk to our car loans experts and the best part is our advice is FREE and No Obligation to proceed.

TYPES OF CAR LOANS

Personal Car Finance

Car Loan

In car loans option, the financier lends money to purchase your desired vehicle and takes security over the vehicle.
You can take ownership of the vehicle at the time of purchase. After the completion of the term loan, you can have the clear title on your vehicle.

An interest is charged and is comparatively lower as the loan is secured by an interest in the vehicle being purchased.

Hire Purchase

It’s an agreement where you can hire (not own) the vehicle from the financier for a fixed monthly repayment over a set period of time. The lender will purchase the car and hire back to you.

You can take the ownership of the car at the end of the contract term when the total price of the vehicle (minus any residual) and the interest charges have been paid in full.

Some of the benefits are, flexible contract terms, fixed interest rate, costs are known in advance and so on.

Novated Lease

Novated lease is one of the most cost and tax-effective options if you are an employer and looking for your own car. It’s a three-way agreement between you, your employer and the financier.

You lease a car, your employer pays the lease repayments from your pre-tax income and the financier sets up the novated lease and manages it.
If you’re not registered for GST, you can also use novated lease to purchase a new GST-free car.

Get a FREE Car Finance Consultation

Not sure which finance option is best for you? Send us your query online and we will be in touch with you shortly.

Business Car Finance

Chattel Mortgage

In a chattel mortgage, the business or company owns the vehicle from day one. The financier uses it as a security or the mortgage over the loan.

You can have a chattel mortgage over a range of terms, and with a range of different ‘balloon’ payment options at the end of the term.
The interest rate is fixed and a tax deduction is available when the vehicle is used for business purposes. If you are registered for GST, you can claim GST contained in the vehicle price as an input credit on your next BAS.

Commercial Hire Purchase

Under commercial hire purchase, a business “hires” a car from the financier for a fixed monthly repayment over a term. The business also has the option to purchase the car at the end of the term.
It gives you the flexibility to select the term and the timing of repayments to suit seasonal cash flow so your finances aren’t tied up.
The interest charges, fees, and depreciation may be tax deductible if the vehicle is used to generate assessable income.

Novated Lease

It’s not a business car finance, but a business you can use novated lease to offer more value and incentive to your employees.
As an employer, there will be no cost to you since its salary packaging. This means that you pay the lease repayments from the employee’s pre-tax income. The financier will set up the novated lease and manage it.
Get a free car loans consultation to know more about the benefits.

Finance Lease or Car Lease

It enables the business to have the use of a car or commercial vehicle and the benefits of ownership, while the financier retains actual ownership of the vehicle.

You choose the vehicle, the financier purchases on behalf of you and then lease the vehicle back to you on a fixed monthly lease rental for the term of the lease.
At the end of the lease, you have the option to trade it in or refinance the residual and continue the lease or pay a residual value on the lease and take ownership of the car.
Also since the finance and lease is secured against the vehicle so it allows you a lower interest rate. Talk to our expert to know more.

Disclaimer: This website provides general advice only without taking into account personal circumstances. Finmortg Brokers does not warrant the accuracy, reliability or completeness of information contains on this website and also not liable for any error or omission in the website material or for any resulting loss or damage suffered by the recipient or any other person.